HomeMy WebLinkAbout0280 Fw value IKflrld 1, we or either of us, ise fo pay, wi~houf de Ica~ion, ~o ths order of F ST FtUtunt a~av~nva nr.~
F T PIERCE at foat p;~rc , Fforida, the sum of with inrerest from dale a tM nte of 'le per annwn, ~ monthly insl~b ~
me ts es tollowi: t on the day of l9 ~nd • lik~ s on th~ careapondinp day of t month ther t ?
afte un~il Ihe whol~ be ful paid.
E~th inslallment fint II b~ applied i~ paym nt of tM interest ~nd the o~ ~M vnpaid balante tM pintipa) sum. If defauft msd~ in ths
pay nt of a~y installment due, and such defau continues 30 dayt, then ths optio~ ot ths holder, snd witho~t ~ny other !q1'iu, ~l th~ tematr?iop
~n~tall ntt sFNll bs dw and yable ~t once. Privil is qiven to prep~y this e in whol~ or in ps?t ~t y time witlw~t p~nahy. Neit1+K ~io~ararlp~.
nor tance by tha holda~ ~ reof aitK any dafault ' any psymenb hereon, iha be deemed extcnsion, lats p~ym~nt cMr~t of sh+~~ ds
added sach irqtallme~t rema i~p unpaid 7 days a(ter ri due dal~, and ~ like su shatl b* added to sxh installmsnl ram~ininp u~paid day~ shtt
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each • inQ piymeM data
E maker, s~rety snd e ur hereol, jointly a sev~rally, waives demand, eser+tmrnt protest ~nd tiu of proteit Fat noapayms~f, a further
ag~ees to ny extension of time of ymenl, eithcr before aitcr maturity, without ' e fo any oi us; and pay sN catts of tollsclion, ud'enp •
reaso~abk ~to~ney's fee in thc ev M o! sny defauit h~eu r, a~d hereby severaiiy •ives all benefit of ead u~d exompYwn unde~ th~ Hhrtion
and laws o exh Stite of th~ Unit States, as apainst ~his blig~tion w any ex~ension, ~enewal herwf, .
Witne th~ hand and se+l o tach party.
t= n•
MOW. THEREFORE, the MORTGAGOR for the pu~po~e of securtnp psymenf of ~.~d sw?, o~ ~ 39,100. ~~a~~
covsnsnn .nd apr.em~nh her~in.frer exprcued. aod fw d~ve~s yood u~d wlwblt ooroid~r~tiaro, by ths~ prKenb. dots pwM, broaiey sdt. remis~,
release; convey ud confum unt4 tht MORiGAGEE, ib svcceswn and ~uiyns, •11 tiMf urt~ln bt, piea w p~rcN of land, sitwte, lyiny, ~nd Mirg in tM
Covnry of St • lA1C 1@ and St~t~ of Fbrida, dewib~d ~a fdlows:
Condoainium Parcel S14 of CAPS?AN I, according to the
Declaration of Condoainium ~thereof, recorded in Official '
~`E Recozds Book 232, pages b29 through 711, of the Public ~
j~~i ~ Records of St. Lucie County, RloYida. i
~ ; ^ ~
~.~t i ~507~ 701~ ~l~ ~ - DOC~f~
tt~ g~~ to the teras, covenants, agreesents, obligations
' and pYOVisions of said Declaration of Condominium which
~`-~-l~~~ ~ Moztgagor in all things does covenant to Mortgagee faith-
''~f, fully to observe and perform.
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,~~sW ' By agreement of Mortgagor and Mortgagee on file with
Mortgagee, the within mortgage secures not only an
existing indebtedness, but also ADVANCBS to be HSRBAFT6R
= made by Moztgagee to MortgagoY the aggzegate of which
:.otlltit!fi ~„rill equal the principal amount specified in the provisso~y
g- s$--- note secured hereby. ' p
~ • ~ a~ r~rw~r aF T~
ir: i cilCfE r ~ R~fY01 ~~1iANQ1B~E P~ PRO?ER(Y,
~C11i~{ZY . f Nr ~
PUI1S1MMi ~0 f~~ ri-13t. lIICTS OF ly~ ~'l!
R06Eil PO(TRAS
q.ERK G~ OOIIA~. St. t~IC1E C0. f~1~
?op~tlwr with atl and ainpulu the terN.nents, ha~ditam~nts +nd app~rtsnc~s the?woto bdonpap or N ~nywiN ~ppKraLdrg tMrNO. ~nd dt r~nta. tuws,
prou~ds and pofin ~c«virg and to ~ccrw from said prem~es. al! of whid~ a~~ u+dudsd fn th~ ~ba+re and far~oiig daaiption and MbNnl~xr~.
TO HAVE AND jQ ~ tht abore desvebed a+d printed premites umo th~ said MORTCa11C'aEE, its wooessws and qtipns for~wr. Md th~ wid
MORTGAGOR fa LI16 i hein. ~xecuton, sdminutnto.s ~nd ~si ns, htr
~y ebY oo~we.nn with N+. wW MORTGAGEE. Ns wooawrs and asipir,
iMt thev ~„~,ft,ih s~iud of th~ wd aen,i~es fe~ simpls; thai th~ s+~n~ an frw, c(ear ~nd d'acharp~d from all li~m and ~ncwo-
~~«~.~y. «+d ti,.~ theY w~u .~,d their hein ~11 w~rrarH and d~f~nd tlr titb b th~ w~. w th. s.w
MOR?GAGEE, ih succeuors and auigns, fwwe~ p~i~at tF~ lawfvl c(aims and demandt of ~tl pNwrqj ~
PROVIDE~, ALWAYS that H tM AAOItTGAGOR shall pay unto tlK MORTGAGEf th~ promiuory ~ot~ Mr*inbefon deurib~d and siwll trv1Y, pranptly
snd ful~Y P~rforrn, diachar~e. ez~cvt~, oompMt~. co~nplY with and ~bide by esch and every th~ stip~~+tiom. +~r~anKms, oa~ditio~t and oov~n~nb of s~id
promissory not~ ~nd of tha Mortpspe, th~n this Mortgsy~ and th~ Estate lur~by vaqd sFwlt aas~ and b~ nv8 M+d void. ~ F
'J R IS UNDERSTOOD th~t tM word "Mwtyapor' whetf~er in the sinyvlu or plwd anywhtn in thb /Morf~ape, slull b~ skpular if a» ady ~nd
'Y, ~bsA be plwal jointly ~nd Nverdly if mon thsa on~, snd tMt the wad °their" as used ~rryvvMr~ in tl~ Mortpq~ sh~ll b~ taka~ to m~an "hb," "Fwn„°
t~ . a"ib,` wh~rwer tiK wntext so dnplies or .dmirs. Also. rh~t whueve+ then b~ nfKena in ti~ aown+nn ~nd apr~ts Mnin ooetsind to ~n~r of ~
tM pati~s herrto, the ssnw shdl b~ oonsnued ro+nean a wel! ~s fi» F~s'af, Ip~l npessMativis, wa~sson and asqns (Nth~ volw»sry by acf of tFN Q
patia a&wdun~uy by opaation of th~ law) of the ~ ~nd tMt the cove~anb Mrein contain~d shsll bind ~nd th~ b~fiq ~nd advants~s Mwn
~f3 ~ w tM rapwhr~ heKS, hp+~ rep.e~enrativ~s, w«es~ws +nd sss~pra of rhe pa.tia her~ta ~
Md safd Mwty+Qors, for ~hemsdva and their i~eirs, kyal repres~tafivp. woc~ssors and ~ssiyr», F~r~by jointly and wvually covarnnt ~nd prK ~
~-~i
b and with th~ a~id AAORTGAGEE, ib woc~uon and ~ssgns:
~ 1. To pay all ~nd sinpular th~ pri~cipal and inre~est ~nd N+~ various ~nd sw~dry wna of mw~ey p~Y~bl~ by virtw of uid promiswry not~. ~nd ti~is ~
n+ortp+~. ~acb and w~ry.. W~P~fY on th~ days resp~ttively tM s+nw stwrdly b~ra~K dv~.
4. To pnr ~II and sirgviar tM uxes, assessn~ts. Iwiea. liabilitiss, oblgatioos and ~ncumbarKes of :wry MtYt! ~ Iti11d IIOW Of1 MW ~I~d ~
Propwty, o~ that hersaft~ m~r b~ imPowd, suff~red. plac~d. levi~d. a au~swd tl~~a4 w tlwt ha~afN~ rn~y M Iwied or ~suskd upa~ tN~ Mat~
ap., a rh~ ind~bt.drnss sa~w.d h.r~by. ..ch .nd .wry, wMn due and wr.W~, accord~np ro I.w. brfon N~y bsoort~t d.linqwm, and befwe n?Y Mn~r.a
att~cM~ w any pen~lty q inturr~d; ANO INSOfAR AS ANY THEREOF IS OF RKORO THE 511M1E SHAII 6E PROMPTIY SAi15FIED ANO DISCNARGED Of
RKORO ANO THE ORIGINAI OFfICIAI OOCUMENT (SUCH AS, FOR INSTANCE, THE 1AX RECEIPT OR THE SATISfACT1pN PAPER OfFIC1AlLY ENDORSED
OR CERT(FIEO) SHALL 6E VLACED iM THE FWMOS OF Sltlp MORiGAGFf WITNIN TEN DAYS NEXT AfTER PAYMENTj s~d i~ tF~ wenl th~t any thtr~of Is nol
paid, at'afied and dixhar9ed ~a:d 11l10RiGAGEE may at any twn~ p~~ the same a arryr put thereof without w~Hiny w aff~ctirg ~n~r option. lien, p~ity p
~iqht unde~ w by virtue of this mortysp~ and th~ fvll amou~l of each and ~very such payment sMll be ~mmadiarely dvt and pi~abk and sF?all bear imK~
f?an tht d~t~ ther~ol until pa;d a~ rate of nine per centum per ~nnum ~nd topether w~th ~~ch inter~st sha~l b~ secwed by th~ lie~ oi th;s morptap~.